Market Overview

The fourth estimate of 2015-2016 capital expenditures will be released on Thursday and expectations are for them to increase 4.5% to A$120 billion from the third estimate. This could signify a...

Commodities were once again the biggest talking point in trade overnight.Currently the complex as a whole is trading at its lowest levels in over 15 years. Looking at the SPDR S&P Metals &...

On Thursday of last week, I arrived back in the States after spending two weeks globetrotting and attending international investing conferences, first in New Orleans, then in Lima, Peru.Most recently...

The Reserve Bank of Australia (RBA) minutes today provided further indication that without a major deterioration in economic activity the RBA is unlikely to ease rates further in the coming months....

1. Nous Sommes Paris: The attack in Paris is tragic and reprehensible. Our thoughts and prayers are with the victims and the people in France. There are several political and economic consequences,...

Of late, we've heard from a few macro traders that are looking for the Treasury market to catch up with the recent decline in commodities (Figure 1). Essentially betting that the dominant...

The evolution of national economies tends to follow a well established pattern. They all start out as mostly agricultural economies. They evolve into manufacturing economies. In the next stage of...

The figures coming out of China are mixed. Industrial production is decelerating and missed expectations; fixed asset investment slowed, but was in line with expectations; and retail sales rose and...

It seems worries over an imminent rate hike by the Fed has caught up with Asian markets after they shrugged off these concerns yesterday. The poor performance of European and US markets overnight...

- A few quick thoughts from around the marketsFor tactical traders, the fractal comparative we've followed between the Nikkei and yen (09') appears to be nearing another downside pivot. From a...

Six of eight indexes on our world watch list posted gains over the past week, up from three up the previous week. China's Shanghai Composite was the outstanding performer, up a whopping 6.13%....

The US dollar and yields surged as the divergence meme, which had been increasingly doubted, returned with a vengeance. The 271k rise in nonfarm payrolls was the most this year. The 2.5%...

Asian markets have continued their strong performance from yesterday as improved sentiment around China’s slightly improved PMI data continues to buoy markets. Event specific news also helped...

The New Zealand dollar fell strongly overnight as a highly negative Global Dairy Trade (GDT) result saw bearish selling mount. The pair now looks to be under significant pressure as price action falls...